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Summers: Inflation Reached 18% In 2022 Using The Government’s Previous Formula

Former National Economic Council Director Lawrence Summers is pictured before President Barack Obama and Vice President Joe Biden spoke about Middle Class Working Families Task Force, Friday, Jan. 30, 2009, in the East Room of the White House in Washington. (AP Photo/Charles Dharapak)Copyright 2009 AP. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Numerous commentators—especially those defending President Biden’s economic record—have puzzled over...

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